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Vendor has offsetting invoices that total $0 that need "paid"

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We have a few vendors where we will no longer be using and Finance wants the invoices to be /paid./ There are multiple credit memos but are offset by multiple invoices that total to $0. The vendor payment journal will not post a $0 payment when the offset account type is Bank and the offset account is the associated bank account. Do these fields need to be something else? Should I be hitting Ledger as the offset account type and the offset account is our specified g/l coding? Will it post then if I do this?

Thanks,

Jen

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Frank Hamelly | MVP... 46,625 Moderator on at

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You should be able to "pay" (settle) the invoices and credits against each other, so they no longer appear as open in the vendor account. No need for a payment journal.

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zubairalam 151 on at

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Hi Jen,
As Frank mentioned please settle the invoice with credit notes from the vendor master and this will eliminate the process of posting the vendor payment journal by Zero value.

Thanks

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